Mutual of Omaha Bank Wealth Management bought a new position in shares of Duke Energy Corp (NYSE:DUK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,291 shares of the utilities provider’s stock, valued at approximately $614,000.

Several other institutional investors have also modified their holdings of DUK. Shoker Investment Counsel Inc. increased its holdings in Duke Energy by 0.6% in the second quarter. Shoker Investment Counsel Inc. now owns 4,512 shares of the utilities provider’s stock valued at $377,000 after buying an additional 28 shares in the last quarter. Laurel Wealth Advisors Inc. increased its holdings in Duke Energy by 0.3% in the second quarter. Laurel Wealth Advisors Inc. now owns 12,643 shares of the utilities provider’s stock valued at $1,056,000 after buying an additional 32 shares in the last quarter. South Texas Money Management Ltd. increased its holdings in Duke Energy by 1.1% in the second quarter. South Texas Money Management Ltd. now owns 3,346 shares of the utilities provider’s stock valued at $280,000 after buying an additional 36 shares in the last quarter. Fairfield Bush & CO. increased its holdings in Duke Energy by 1.2% in the second quarter. Fairfield Bush & CO. now owns 6,333 shares of the utilities provider’s stock valued at $529,000 after buying an additional 75 shares in the last quarter. Finally, First City Capital Management Inc. increased its holdings in Duke Energy by 0.4% in the second quarter. First City Capital Management Inc. now owns 20,589 shares of the utilities provider’s stock valued at $1,721,000 after buying an additional 78 shares in the last quarter. 57.13% of the stock is owned by hedge funds and other institutional investors.

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A number of research analysts have weighed in on DUK shares. Guggenheim reaffirmed a “buy” rating and issued a $96.00 price objective on shares of Duke Energy in a report on Wednesday, January 3rd. Goldman Sachs Group cut shares of Duke Energy from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $80.11 to $88.00 in a report on Wednesday, January 10th. SunTrust Banks reaffirmed a “hold” rating and issued a $90.00 price objective on shares of Duke Energy in a report on Monday, November 6th. Credit Suisse Group raised shares of Duke Energy from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $91.00 to $83.00 in a report on Tuesday, January 23rd. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Duke Energy in a report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $87.18.

Shares of Duke Energy Corp (DUK) opened at $75.48 on Thursday. Duke Energy Corp has a 52-week low of $72.93 and a 52-week high of $91.80. The stock has a market cap of $53,954.12, a PE ratio of 24.91, a PEG ratio of 4.00 and a beta of 0.12. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.71 and a quick ratio of 0.41.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, February 16th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $3.56 annualized dividend and a dividend yield of 4.72%. Duke Energy’s dividend payout ratio (DPR) is 117.49%.

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Duke Energy Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

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